Indian construction giant Larsen & Toubro (L&T), which is bidding for the right to build and operate the second container terminal at Chennai and the offshore container terminal at Mumbai in partnership with Hutchison Por t Holdings (HPH), has indicated that it will change its foreign partner if HPH fails to obtain security clearance from the Indian government.
Shipping Ministry officials said the company has provisionally tied up with ICTSI of the Philippines as an alternative partner for the Mumbai bid....
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